Conflict of Interest Act (S.C. 2006, c. 9, s. 2)

Act current to 2013-04-29 and last amended on 2011-12-15. Previous Versions

Functions of the Commissioner

Marginal note:Annual review

 The Commissioner shall review annually with each reporting public office holder the information contained in his or her confidential reports and the measures taken to satisfy his or her obligations under this Act.

Marginal note:Determination of appropriate measures

 Before they are finalized, the Commissioner shall determine the appropriate measures by which a public office holder shall comply with this Act and, in doing so, shall try to achieve agreement with the public office holder.

Marginal note:Compliance order

 In addition to the specific compliance measures provided for in this Part, the Commissioner may order a public office holder, in respect of any matter, to take any compliance measure, including divestment or recusal, that the Commissioner determines is necessary to comply with this Act.

Marginal note:Reimbursement of costs
  •  (1) The Commissioner may order that the following administrative costs incurred by a public office holder be reimbursed:

    • (a) in relation to a divestment of assets,

      • (i) reasonable legal, accounting and transfer costs to establish and terminate a trust determined to be necessary by the Commissioner,

      • (ii) annual, actual and reasonable costs to maintain and administer the trust, in accordance with rates set from time to time by the Commissioner,

      • (iii) commissions for transferring, converting or selling assets where determined necessary by the Commissioner,

      • (iv) costs of other financial, legal or accounting services required because of the complexity of the arrangements for the assets, and

      • (v) commissions for transferring, converting or selling assets if there are no provisions for a tax deduction under the Income Tax Act; and

    • (b) in relation to a withdrawal from activities, the costs of removing a public office holder’s name from federal or provincial registries of corporations.

  • Marginal note:Restriction

    (2) The following administrative costs are not eligible to be reimbursed under subsection (1):

    • (a) charges for the day-to-day operations of a business or commercial entity;

    • (b) charges associated with winding down a business;

    • (c) costs for acquiring permitted assets using proceeds from the required sale of other assets; and

    • (d) any income tax adjustment that may result from the reimbursement of trust costs.

Marginal note:Post-employ­ment obligations

 Before a public office holder’s last day in office, the Commissioner shall advise the public office holder of his or her obligations under Part 3.